Readiness for climate finance: A framework for understanding what it means to be ready to use climate finance

The paper presents a framework for understanding what it means to be ‘ready’ to use climate finance in a transformative way at the national level. It identifies four main capacities that countries need: capacity to plan for finance; capacity to access finance; capacity to deliver finance; and capacity to monitor, report, and verify finance. The paper provides a useful framework for countries to consider their own national capacity regarding LEDS finance. The intended audience is policymakers at both international and national levels in developing countries.